Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Sets New 52-Week High at $51.40

Posted by Faye Duncan on Jul 12th, 2024

Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Get Free Report) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $51.40 and last traded at $51.35, with a volume of 364305 shares. The stock had previously closed at $50.99.

Vanguard FTSE Developed Markets ETF Stock Up 1.2 %

The firm has a fifty day moving average price of $50.26 and a 200-day moving average price of $49.07. The firm has a market cap of $135.14 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VEA. Wetzel Investment Advisors Inc. acquired a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter valued at $26,000. Versant Capital Management Inc purchased a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $29,000. First Command Advisory Services Inc. raised its position in Vanguard FTSE Developed Markets ETF by 81.3% in the fourth quarter. First Command Advisory Services Inc. now owns 689 shares of the company’s stock valued at $33,000 after purchasing an additional 309 shares during the period. Investment Research & Advisory Group Inc. raised its position in Vanguard FTSE Developed Markets ETF by 273.9% in the fourth quarter. Investment Research & Advisory Group Inc. now owns 703 shares of the company’s stock valued at $34,000 after purchasing an additional 515 shares during the period. Finally, LRI Investments LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the first quarter valued at about $39,000.

Vanguard FTSE Developed Markets ETF Company Profile

(Get Free Report)

The Vanguard Developed Markets Index Fund (VEA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap weighted index of large-, mid- and small-cap stocks from developed markets outside the US. VEA was launched on Jul 20, 2007 and is managed by Vanguard.